H. Paulin & Co., Limited financial results for period ending June 30, 2007



    TORONTO, Aug. 14 /CNW/ - At the H. PAULIN & CO., LIMITED Board of
Director's meeting held August 13, 2007, the following financial results for
the Second Quarter ended June 30th, 2007 were released. Shown are 2006
comparisons.

    
                       SECOND QUARTER ENDED JUNE 30TH
                       ------------------------------

                                      2007                   2006
                                      ----                   ----
    Sales                        $ 37,530,000           $ 42,707,000
    Income Before Taxes          $  1,743,000           $  3,034,000
    Net Income                   $  1,110,000           $  2,121 000
    Earnings per share           $       0.35           $       0.66

    The following results are for the six months ended June 30th, 2007.  Shown
are 2006 comparisons.

                         SIX MONTHS ENDED JUNE 30TH
                         --------------------------

                                      2007                   2006
                                      ----                   ----
    Sales                        $ 71,500,000           $ 80,652,000
    Net Income Before Taxes      $  2,556,000           $  4,988,000
    Net Income                   $  1,615,000           $  3,391 000
    Earnings per share           $       0.50           $       1.06

    NOTE: The 2006 "Earnings per share" have been restated to reflect the
    impact of the three-for-one stock subdivision approved May 30, 2007 for
    record date June 18, 2007.
    

    H. Paulin & Co., Limited is a leading Canadian manufacturer and
merchandiser of bolts, nuts, screws and fluid system components for the
automotive, industrial and retail hardware markets.

    H. PAULIN & CO., LIMITED

    "Carl Krause"

    -------------------------
    Carl W. Krause, Treasurer





For further information:

For further information: H. Paulin & Co. Limited, 55 Milne Avenue,
Toronto, Ontario, Canada, M1L 4N3, Telephone (416) 694-3351, Fax (416)
694-1869, Toll Free 1-800-268-4000, E-mail paulin@hpaulin.com

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H. Paulin & Co. Limited

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